Raleigh Real Estate saw a spike in March 2011 for Pending Sales. The graph shows the sales declined but inventory continued to climb. Sales this fall season have fallen off.
Our prediction for December is still sluggish sales with sellers withdrawing their homes from the market til the Spring Market arrives.
We also predict February through June 2012 sales will be robust and strong with housing prices increasing.
If you would like to get a free analysis of home sales in your subdivision, contact a HomeTowne Realtor.